BOUTACOFF THEODORE A 4
4 · IRIDEX CORP · Filed Apr 9, 2007
Insider Transaction Report
Form 4
IRIDEX CORPIRIX
BOUTACOFF THEODORE A
DirectorPresident, CEO and Chairman
Transactions
- Exercise/Conversion
Stock Option Right to Buy
2007-04-05−2,500→ 0 totalExercise: $5.50From: 1998-04-28Exp: 2007-04-28→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock
2007-04-05$5.50/sh+2,500$13,750→ 149,047 total - Sale
Common Stock
2007-04-05$6.35/sh−2,500$15,875→ 146,547 total
Footnotes (3)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Selling Plan adopted by the reporting person on 8/26/05.
- [F2]This option was granted pursuant to IRIDEX Corporation's incentive 8910 Stock Plan and is exempt pursuant to Rule 16b-3.
- [F3]The shares shall vest as follows: 12/48ths of the shares shall vest 12 months after the Vesting Commencement Date and 1/48th of the shares shall vest each month thereafter.